TECHNOLOGY

TECHNOLOGY

Bank of America (BoA) has signed a global licensing agreement with SunGard Capital Markets that will initially permit a Unix-based version 2.34 D of the vendor's Devon Derivatives System to be rolled out globally to support the bank's foreign exchange options and futures traders.

BoA is looking to centralise management of its forex options books in four regional dealing centres -- New York, London, Singapore and Hong Kong. The bank's global capital markets group, led by group executive vice

To continue reading...